Keysight Technologies, Inc. · Industrial Instruments For Measurement, Display, and Control

KEYS

Low riskNext report: Around Nov 23 (est.)

View price ↗

The short version

A high-quality, profitable business with growing sales.

Going well

Sales up 37% in the latest quarter vs a year ago
Profitable every year for 10 years
Brings in more cash than it spends

Money moves

Insiders sold $1.1M in the last 30 days
Institutions added 1.8% to their holdings in the quarter ending June 2026 (655 bought, 466 sold)
Held by Dan Loeb (Third Point), Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$326.04+3.6% that day

Company value: $55.5B; Share price times all shares
Price vs profit (P/E): 44.7x; You pay about $45 for each $1 of yearly profit
Price vs sales: 8.4x; Company value is 8.4 times a year of sales
Cash vs value: 5%; Cash as a share of company value
Debt vs value: 5%; Debt as a share of company value

From KEYS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jul '26

$1.8B+37% vs a year earlier

Oct '23Tap a barJul '26

Last 12 months: $6.6B, up 26% from the 12 months before. Over 5 years, sales grew about 5.0% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of KEYS. Starting points are the company's recent numbers.

Sales growth+26% a yearRecently: +26% a yearProfit margin19%Last 12 months: 19.1%P/E at the end40xToday: 44.7x. Many steady companies trade at 12x to 25xShare count change-2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$20.9B

Profit in 5 years$4.0B

Price these guesses point to$1,032.33+217% vs $326.04 todayAbout +26% a year, before dividends

What today's price needs: with a 19% margin and a 40x P/E, sales would have to grow about 0.1% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

5/6Strong

MissReturn on equity 15%+Earns a lot on the money owners have in the business.14.9%
PassDebt under half of equityNot relying on borrowed money.0.41x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.15.8%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.3B
PassShare count not growingNot diluting owners. Falling means buybacks.-4.9% in 3 years

Revenue: $5.4B; +8.0% vs prior year
5-year growth: +5.0%/yr; revenue, per year
Total debt: $2.5B; 0.41x equity
Current ratio: 2.60x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jul 31, 2026

Reported Aug 18

Revenue: $1.8B; +36.5% YoY
EPS: $2.30; vs $1.10
Op. margin: 25.0%; +7.7 pts
Gross margin: 65.9%; +4.2 pts
Free cash flow: $403.0M
Share count: 0.0%; vs a year ago

Insider rating

Last 90 days

31Selling

2 insiders sold $1.2M (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 1.6
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Steady+1.8%

Institutions added 1.8% to their holdings. 655 bought, 466 sold.

Shares held by institutions154.2M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-1.4%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

0.4x · $2.5B debt

Shares outstandingLatest reported

170M

Earnings reports

Last 12

Next reportAround Nov 23 (est.)Estimated from the same quarter last year

Results filedAug 18
Results filedMay 19
Results filedFeb 23
Results filedNov 24, 2025
Results filedAug 19, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Aug 14 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$1.2M2 insiders, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Satish DhanasekaranPresident and CEO	Sell	3K	$364.13	$1.1M	118K	Sep 30Filing ↗
-2.5% of their holdings Not a pre-planned sale Also Director Filed 2 days after
Lisa M. PooleVP and Controller	Sell	200	$348.01	$70K	6K	Sep 23Filing ↗
-3.2% of their holdings Not a pre-planned sale Filed 2 days after